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Business

Indonesia fire arrests jump amid efforts to stop haze

JAKARTA: Indonesian police have arrested more than double the number of individuals in forest fire cases this year compared with 2015, when large parts of the region were blanketed in choking smog from fires that caused a national crisis.

Business

US$ softening boosts global markets, equities, commodities

NEW YORK: Global equity markets rose on Thursday as diminished expectations of U.S. interest rate hikes this year pushed the dollar lower, which in turned boosted the prices of many commodities

Business

US Fed to hike interest rates three times in 2016

WASHINGTON: The Federal Reserve will raise interest rates only three times this year as it faces a more subdued outlook for both the U.S. and world economies, a Reuters poll of economists found.

Business

Qatar stocks lead M-East market retreat

DUBAI: Qatar stocks led a retreat in Middle Eastern markets after the price of crude oil, the region’s biggest source of revenue, tumbled to a seven-year low.

Business

Diary Malaysia Wednesday November 25 2015

KUALA LUMPUR: ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS.

Business

Fed rate hike 'no-go more likely than most people think'

NEW YORK: DoubleLine Capital co-founder Jeffrey Gundlach said on Sunday that the Federal Reserve may hesitate to raise rates given rocky economic and financial conditions, though the Paris attacks alone are unlikely to play a factor in next month's decision.

Business

Oil slump slashes SABIC earnings

DUBAI: Saudi Basic Industries Corp (SABIC), one of the world's largest petrochemicals groups, posts a 29% plunge in fourth-quarter net income, widely missing analysts' forecasts because of the tumble of global oil prices.

Business

Malaysian palm oilends higher on optimism of lower supply and stocks

KUALA LUMPUR: Malaysian palm oil futures ended higher on Tuesday, as weakening production fuelled optimism that inventories of the tropical oil may be lower than initially expected when final numbers for October are reported.

Business

Malaysian Palm oil snaps 3-day losing streak, November output in focus

KUALA LUMPUR: Malaysian palm oil futures edged up on Monday to snap a three-day losing streak, although lacklustre export demand and investor uncertainty about November crude palm oil output in the world's biggest growers capped the gain.

Business

Palm oil/Vegoils: Market factors to watch Oct 8 Wednesday

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday.